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re: Trickle Down Economics Explained

Posted on 5/26/17 at 9:26 am to
Posted by RuLSU
Chicago, IL
Member since Nov 2007
8119 posts
Posted on 5/26/17 at 9:26 am to
quote:

Yeah, the 80's proved it didn't work...I remember the high unemployment and the stagnation of wages...

I think the 80's proved that the theories behind the Laffer Curve were real.

I don't see an indication that supply-side would do us much good at this particular moment, though. We need domestic jobs.

Corporate taxes and business tax rates, not personal income taxes, are where the cuts need to be made.
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